MarketFriction

Zydus Wellness Ltd

NSE ZYDUSWELL · BSE 531335 · Packaged Foods
₹493.25 -3.81%
NSE close2026-10-01
52 week range367.55 - 611.85
Market cap₹16,102 Cr.
P/E72.7
Nifty 500Smallcap 250 Price band 20% Delivery 48.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4404037838414934629138616509651,4851,437
Expenses4233906206864734477237056289041,2151,195
Operating Profit171316215520151901562361270242
OPM %3.8%3.1%21%18%4.0%3.2%21%18%3.5%6%18%17%
Other Income434510413-33-614
Interest6664134216413926
Depreciation666555131125565557
Profit before tax941541522410173145-51-42177162
Tax %31%92%3%3%12%37%1%12%4%-4%9%27%
Net Profit60150148216172128-53-40162119
EPS in Rs0.190.014.724.640.660.205.404.02-1.66-1.255.093.74
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3974315138431,7671,8672,0092,2552,3282,7093,9614,537
Expenses3053313876581,4461,5221,6641,9182,0202,3293,4513,941
Operating Profit9199125185321344345337308380510596
OPM %23%23%24%22%18%18%17%15%13%14%13%13%
Other Income32323528-33-12310-5-020-34-34
Interest01230140842616241298122
Depreciation77913262524252428147193
Profit before tax117124150171121112306291260359230247
Tax %10%10%9%-0%-17%-6%-1%-7%-3%3%14%
Net Profit105111137171142119309310267347197188
EPS in Rs5.285.586.855.874.923.739.719.758.3910.906.205.92
Dividend Payout %25%23%23%17%20%27%10%10%12%11%19%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth26%16%21%66%
Compounded Profit Growth8%-2%-10%-31%
Stock Price CAGR11%2%17%11%
Return on Equity6%6%5%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital393939395858646464646464
Reserves3674395186523,3293,4034,5044,7805,0595,2945,6085,762
Borrowings0025251,5691,5195503872973291883,203
Other Liabilities102891001125036105484614134625821,161
Total Liabilities5085686828295,4595,5905,6665,6925,8336,1486,44210,190
Fixed Assets84821031044,5674,6744,6674,7104,7324,7085,1258,596
CWIP000010441213101523
Investments09430148461100277078365
Other Assets4233915505778358029959431,0181,3541,2661,566
Total Assets5085686828295,4595,5905,6665,6925,8336,1486,44210,190
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6990776914925928723792246380226
Cash from Investing Activity29-28-72-59-4,092-17-10-59-85-178-207-2,881
Cash from Financing Activity-27-58-6-24,052-260-216-234-138-26-1862,698
Net Cash Flow714-18109-1860-56-13243-1344
Free Cash Flow7286466113223526916247220315126
CFO/OP80%114%86%64%115%81%83%70%28%81%99%50%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days13364224182634444935
Inventory Days7673127113393168158135146150148178
Days Payable146191264254662289189136100116122107
Cash Conversion Cycle-69-116-134-135-227-97-1325807875106
Working Capital Days-37-38-57-26-26-7-35-2717203448
ROCE %32%26%23%22%7%6%6%6%6%5%6%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.54%69.15%69.62%69.62%69.62%69.62%69.64%69.64%69.64%69.64%69.64%69.63%
FIIs3.42%3.25%3.26%3.29%3.36%3.37%3.29%3.25%3.43%3.27%3.17%3.32%
DIIs20.22%19.67%19.41%19.44%20.37%20.12%19.76%19.27%18.76%18.58%18.87%19.13%
Public7.81%7.91%7.71%7.65%6.67%6.89%7.30%7.83%8.18%8.51%8.32%7.92%
No. of Shareholders76,59075,36969,13863,97360,98164,03764,97966,51477,18880,10580,67186,866

Fundamentals

Market Cap₹ 16,102 Cr.
Current Price₹ 506
Stock P/E72.7
Book Value₹ 183
ROCE4.91 %
ROE3.98 %
Dividend Yield0.24 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)66%
Compounded Profit Growth (TTM)-31%
Consolidated figures.
Valuation
Market capRs 15,693 Cr
Enterprise valueRs 18,785 Cr
P/E (TTM)83.39x
Price to book2.69x
Price to sales3.46x
EV / EBITDA33.41x
EV / EBIT50.88x
EV / sales4.14x
Price to cash flow69.32x
Earnings yield1.20%
Dividend yield0.24%
P/E, 3-year average27.33x
P/B, 3-year average1.02x
P/E, 5-year average18.91x
P/B, 5-year average0.77x
Profitability
Operating margin (excl. other income)12.87%
Operating margin (incl. other income)12.00%
EBITDA margin12.39%
Pre-tax margin5.45%
Net profit margin4.15%
Net margin, latest quarter8.27%
ROE3.43%
ROCE4.41%
ROA2.37%
ROE, 3-year average4.94%
ROCE, 3-year average5.32%
ROA, 3-year average4.11%
ROE, 5-year average5.52%
ROCE, 5-year average5.62%
ROA, 5-year average4.63%
ROIC (approx.)3.54%
Tax rate14.45%
Other income / net worth-0.59%
Growth
Sales growth (latest year)46.22%
Profit growth (latest year)-43.15%
Sales CAGR, 3 years20.66%
Sales CAGR, 5 years16.24%
Profit CAGR, 3 years-14.03%
Profit CAGR, 5 years10.68%
Sales growth QoQ-3.21%
Profit growth QoQ-26.60%
Sales growth YoY (latest quarter)66.92%
Profit growth YoY (latest quarter)-7.04%
Per share
EPS (TTM)Rs 5.92
EPS (latest year)Rs 6.20
EPS (latest quarter)Rs 3.74
EPS, 3-year averageRs 34.22
EPS, 5-year averageRs 40.00
Book value per shareRs 183.12
Sales per shareRs 142.60
Cash flow per shareRs 7.12
Free cash flow per shareRs 3.96
Dividend per share (latest year)Rs 1.20
Dividend per share, 3-year averageRs 4.06
Dividend per share, 5-year averageRs 4.44
Dividends
Dividend payout19.35%
Dividend payout, 3-year average14.09%
Dividend payout, 5-year average12.56%
Efficiency
Asset turnover0.39x
Fixed asset turnover0.46x
Inventory turnover2.22x
Inventory days164 days
Debtor days35 days
Debtors turnover10.32x
Creditor days107 days
Cash conversion cycle106 days
Working capital days48 days
Leverage
Total debtRs 3,203 Cr
Cash and bankRs 111 Cr
Net debtRs 3,092 Cr
Debt to equity0.55x
Net debt / EBITDA5.50x
Interest coverage3.03x
Current ratio (filing 2026-03-31)1.88x
Quick ratio (filing 2026-03-31)0.83x
Trade payables (filing 2026-03-31)Rs 461 Cr
Owners' fund to total sources57.17%
Debt to assets31.43%
Cash flow
Cash from Operating Activity (latest year)Rs 226 Cr
Cash from Investing Activity (latest year)Rs -2,881 Cr
Cash from Financing Activity (latest year)Rs 2,698 Cr
Net Cash Flow (latest year)Rs 44 Cr
Free cash flow (latest year)Rs 126 Cr
FCFE (approx.: FCF + change in debt)Rs 3,140 Cr
Cash from ops / profit, 5 years0.83x
Sales to cash flow17.50x
Statement figures
Net sales (TTM)Rs 4,537 Cr
Net sales (latest year)Rs 3,961 Cr
Sales (latest quarter)Rs 1,437 Cr
Operating profit excl. other income (latest year)Rs 510 Cr
Operating profit (latest quarter)Rs 242 Cr
Other income (TTM)Rs -34 Cr
EBITDA (TTM)Rs 562 Cr
PBDT (TTM)Rs 440 Cr
Profit before tax (TTM)Rs 247 Cr
Tax (latest year)Rs 33 Cr
Net profit (TTM)Rs 188 Cr
Net profit (latest year)Rs 197 Cr
Net profit (latest quarter)Rs 119 Cr
Depreciation (TTM)Rs 193 Cr
Depreciation (latest quarter)Rs 57 Cr
Interest (TTM)Rs 122 Cr
Cost of goods sold (latest year)Rs 1,697 Cr
Total expenditure (latest year)Rs 3,451 Cr
Total income (latest year)Rs 3,927 Cr
Share capitalRs 64 Cr
ReservesRs 5,762 Cr
Shareholders' fundsRs 5,826 Cr
Total assetsRs 10,190 Cr
Net blockRs 8,596 Cr
Capital work in progressRs 23 Cr
InvestmentsRs 5 Cr
ReceivablesRs 384 Cr
InventoryRs 764 Cr
Other liabilitiesRs 1,161 Cr
Shares outstanding (crore)31.82
Ownership
Promoter holding69.63% (-0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 83.4 is at the 80th percentile of its own 9.4-year range (median 56.4, low 28.8, high 126.8).
P/B 2.69 is at the 49th percentile (median 2.71).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodZYDUSWELLNifty 50Difference
1 week-5.2%-2.8% -2.4 pts
1 month-6.7%-6.8% +0.1 pts
3 months-17.6%-7.6% -9.9 pts
6 months+15.7%+0.4% +15.3 pts
1 year+4.0%-9.9% +13.9 pts
2 years+18.6%-13.6% +32.1 pts
3 years+57.3%+14.2% +43.2 pts
5 years+6.3%+27.9% -21.6 pts
55 mutual fund schemes hold about ₹3,160 Cr. Over three months 47 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Parag Parikh Flexi Cap Fund0.80%1,175 +9%
Nippon India Small Cap Fund1.10%909 +5%
Quant Small Cap Fund1.35%479 +3%
Quant Multi Cap Fund1.15%89 +12%
Bajaj Finserv Small Cap Fund2.57%68 +34%
Parag Parikh ELSS Tax Saver Fund1.10%62 +12%
Nippon India Consumption Fund2.36%58 -11%
Quant Manufacturing Fund7.60%56 +13%
Bajaj Finserv Multi Cap Fund2.52%41 +19%
Quant Business Cycle Fund3.62%36 +0%
Bajaj Finserv Large & Mid Cap Fund1.19%29 +38%
Bajaj Finserv Consumption Fund3.95%24 +11%
Quant Healthcare Fund5.64%24 -27%
Baroda BNP Paribas Small Cap Fund1.38%18 +7%
Baroda BNP Paribas India Consumption Fund1.00%15 +9%
Quant Consumption Fund7.08%13 +10%
Bajaj Finserv Healthcare Fund2.27%9 -2%
Union Consumption Fund2.73%9 +9%
Nippon India Nifty Smallcap 250 Index Fund0.23%8 +8%
Bajaj Finserv Balanced Advantage Fund0.49%6 +100%
Union Value Fund1.10%4 +10%
SBI Nifty Smallcap 250 Index Fund0.23%4 +8%
ITI Value Fund1.06%4 +10%
Baroda BNP Paribas Business Conglomerates Fund0.52%3 +14%
Motilal Oswal Nifty Smallcap 250 Index Fund0.23%3 +8%

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 1601% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,437 Cr +66.9% vs Jun 2025. Net profit ₹119 Cr -7.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-17Dividend - Re 1.20 Per Share
2025-09-18Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2025-07-11Dividend - Rs 6 Per Share
2024-07-19Dividend - Rs 5 Per Share
2023-07-21Dividend - Rs 5 Per Share
2022-07-14Dividend - Rs 5 Per Share
2021-07-14 Annual General Meeting/Dividend - Rs 5 Per Share
2020-08-12 Annual General Meeting
2020-03-19 Interim Dividend - Rs 5 Per Share
2019-07-17 Dividend - Rs 5 Per Share
2018-07-18 Dividend- Rs 8 Per Share
2017-07-27 Annual General Meeting
2017-03-09 Interim Dividend Re 6.50 Per Share (Purpose Revised)
2016-07-21 Annual General Meeting
2016-03-16 Interim Dividend - Rs 6.50/- Per Share
2015-07-16Annual General Meeting/Dividend - Rs 6/- Per Share
2014-07-03Annual General Meeting / Dividend - Rs 6/- Per Share
2013-07-22Annual General Meeting
2013-05-22Interim Dividend @ Rs. 6/- Per Equity Share
2012-07-18Annual General Meeting/Dividend Rs 5 Per Share
2011-06-22Annual General Meeting And Dividend Rs.4/- Per Share
2010-07-08Dividend-Rs.3/- Per Share
DateTypeWhat it says
2026-09-18ResignationResignation of Director/KMP/SMP
2026-09-18Change in ManagementChange in Management
2026-09-08Volume querySignificant increase in volume has been observed in Zydus Wellness Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-09-07Volume querySignificant increase in volume has been observed in Zydus Wellness Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-09-03General UpdatesESG rating assigned by SES
2026-09-02Concall / analyst meetSchedule of meet
2026-09-02General UpdatesTranscript of 32nd Annual General Meeting
2026-09-01Change in ManagementAppointment of Mr. Kapil Sharma as Chief Revenue Officer forming part of Senior Management of the Company
2026-08-24UpdatesDisclosure under SEBI (PIT) Regulations, 2015.
2026-08-19Credit RatingCredit Rating
2026-08-10Concall / analyst meetTranscript
2026-08-08General UpdatesESG rating
2026-08-08Concall / analyst meetSchedule of meet
2026-08-04Concall / analyst meetLink of Recording
2026-08-04AppointmentAppointment of Mr. Apurva S. Diwanji as Non- Executive Independent Director of the company w.e.f. May 18, 2026.
2026-08-04Shareholder meetingProceedings of Annual General Meeting held on August 04, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with...
2026-08-04Press ReleaseA press release dated August 04, 2026, titled "Press Release".
2026-08-04Investor PresentationInvestor Presentation
2026-08-04Board meeting outcomeZydus Wellness Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-21Concall / analyst meetSchedule of meet
2026-07-11General UpdatesReceipt of Order from Tax Authority by step down susbsidiary
2026-07-10UpdatesBRSR for FY 2025-26.
2026-07-10Shareholder meetingNotice of 32nd AGM schedule on August 4, 2026
2026-07-03ResignationResignation of Director/KMP/SMP
2026-07-03CessationCessation of Mr. Lalit Ahuja as Senior Management of the company w.e.f. July 03, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Zydus Wellness Ltd?

Zydus Wellness Ltd (ZYDUSWELL) has a market capitalisation of Rs 16,102 Cr. at the 2026-10-01 close.

What is the P/E ratio of Zydus Wellness Ltd?

Zydus Wellness Ltd trades at a P/E of 72.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Zydus Wellness Ltd's latest quarterly results?

In the Jun 2026 quarter, Zydus Wellness Ltd sales was Rs 1,437 Cr (+66.9% vs Jun 2025) and net profit was Rs 119 Cr.

What is the 52-week high and low of Zydus Wellness Ltd?

The 52-week high is Rs 611.85 and the 52-week low is Rs 367.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03